Tag Archive | "CIM Group"

Project’s park funding scrutinized

Project’s park funding scrutinized

Some local stakeholders are questioning why the developer of the Sunset Gordon project, CIM Group, is requesting an additional $1.25 million from the city for a park — despite claims that the city’s obligation for the park had been paid in full. Hollywood Studio District Neighborhood Council chair Bill Zide said that in 2008, the [...] [...more]

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CIM Group mulling project options

CIM Group mulling project options

Rumors have recently surfaced that a hotel is being planned for the Farmers Insurance campus that was sold to CIM Group a few weeks ago. However, representatives from both the property owner and the Greater Wilshire Neighborhood Council (GWNC) said no specific development plans have been confirmed. “CIM is currently evaluating plans for the Wilshire [...] [...more]

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More Controversy for Sunset Gordon Project

More Controversy for Sunset Gordon Project

According to representatives of CIM Group, recent allegations that the Sunset Gordon project in Hollywood was re-assessed to benefit a county assessor campaign contributor and his clients will have no bearing on its construction. The Los Angeles Times reported on May 4 that property tax consultant Ramin Salari lobbied to lower the assessed value of [...] [...more]

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